Madoff: Le monstre de la finance
Original title: Madoff: The Monster of Wall Street
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7.3/10
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It follows the rise and fall of the American financier and ponzi schemer: Madoff.It follows the rise and fall of the American financier and ponzi schemer: Madoff.It follows the rise and fall of the American financier and ponzi schemer: Madoff.
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Detailed, interesting and exposing, the docu-series intricatly scrutinises much of the key apsects of Madoff ponzi scheme in which he was able to steal money for decades.
My only qualm with these sort of documentaries is that they work almost like a distraction from what's going on in other places. "Don't look over there, look over here!" Like, there was a documentary that came out about the crash of 2008 in which all the contributing perpetuators like George Bush appeared in the documentary to absolve themselves of any wrongdoing and blame it on other factors instead rather than the people making the decisions.
The titular person Madoff is referred to as "the monster of Wall Street", as if enormous fraud isn't cirrently business as usual on Wall Street, and that everything is as it should be after Bernie was arrested.
The documentary talks about the people who suffered and lost as a result, but make no mention that it's still perfectly fine on Wall Street to steal from poor people without any recompense. Bernie was arrested because he stole from rich people, which is the only crime on Wall Street that gets taken seriously. If all the hedge funds, financial advisory firms and brokerages and market makers who are currently breaking the law carte blanche to steal from low income and retail investors were to be arrested, Wall Street would become a skeleton of its former self. A ghost town. Yet according to this docu-series Madoff was the big boss to take down. The evil monster like no other.
The series is good and informatice but I still hope people realise that Madoff was the fall guy for Wall Street theft to continue, and that taking him out did nothing to help the little guy from being crushed under the boot of government and financial sector corruption.
My only qualm with these sort of documentaries is that they work almost like a distraction from what's going on in other places. "Don't look over there, look over here!" Like, there was a documentary that came out about the crash of 2008 in which all the contributing perpetuators like George Bush appeared in the documentary to absolve themselves of any wrongdoing and blame it on other factors instead rather than the people making the decisions.
The titular person Madoff is referred to as "the monster of Wall Street", as if enormous fraud isn't cirrently business as usual on Wall Street, and that everything is as it should be after Bernie was arrested.
The documentary talks about the people who suffered and lost as a result, but make no mention that it's still perfectly fine on Wall Street to steal from poor people without any recompense. Bernie was arrested because he stole from rich people, which is the only crime on Wall Street that gets taken seriously. If all the hedge funds, financial advisory firms and brokerages and market makers who are currently breaking the law carte blanche to steal from low income and retail investors were to be arrested, Wall Street would become a skeleton of its former self. A ghost town. Yet according to this docu-series Madoff was the big boss to take down. The evil monster like no other.
The series is good and informatice but I still hope people realise that Madoff was the fall guy for Wall Street theft to continue, and that taking him out did nothing to help the little guy from being crushed under the boot of government and financial sector corruption.
Featuring slow-motion actor re-enactments, the New York Stock Exchange-style display graphics scrolling along the bottom of the screen, and obligatory views of hysterical brokers on the trading floor, it's all really interesting. But I believe that I've had enough of being entertained by the real atrocities of unrepentant guys. At least Madoff: The Monster of Wall Street offers the victims of white collar crimes whose stories are frequently ignored a voice. This series shed light on atrocities that take place in Wall Street and how it is constantly ignored even though multiple red flags. Pity all the victims involved.
What is not excellent and what was used to really sell this documentary as new info, is the salacious and absolutely unproven allegation that Madoff was using organized crime and drug cartel money. The only evidence of this they offer is that Madoff parked money in the Cayman Islands, which even the documentary admitted, so do millions of legitimate investors. The evidence against him using funds from criminal enterprises, however, is overwhelming and ignored. If he were using such funds he would never have had the cash shortfalls he experienced. OG and drug cartel monies are not subject to the vagaries of the markets. Hence, when the market crash came in 2008, Bernie would have been sitting pretty with his OC money. Lastly, if Madoff had been fronting OC money and that yappy dog, Harry Markopolos, was threatening to expose and end the scheme, he would have woken up dead!
Otherwise, it was an excellent retelling of the Madoff tale and underscores how good and accurate the Robert De Niro/ Michelle Pfeiffer 'Wizard of Lies' was.
Otherwise, it was an excellent retelling of the Madoff tale and underscores how good and accurate the Robert De Niro/ Michelle Pfeiffer 'Wizard of Lies' was.
Fantastic true crime documentary directed by joe berlinger, and coming to be one of the finest products on how to get an insight into the bernhard madoff ponzi scheme case, made possible through dilligent reasearch and a very well made dramatization by his production crew... a product thats quite on the brink of overwhelmingness to binge for breakfast...and just another star on my chart for being concerned about how economics really works when the road is cleared for any obstacles and monitoring, and crimes like this could happen... and does happen... and will happen in the years to come.
So whenever a ponzi scheme is mentioned and youve forgotten what that is, then ''madoff: the monster on wall street'' will stay there to explain to you...
So whenever a ponzi scheme is mentioned and youve forgotten what that is, then ''madoff: the monster on wall street'' will stay there to explain to you...
I am becoming a CFE. Certified Fraud Examiner. There were things I was not aware of that Madoff did. I watched Wizard Of Lies and they left out some things I wish they would have put in. This documentary did a lot of justice and more insights than anything else I have seen. I really liked the depositions from Madoff himself. I have not seen any of these until now. I also enjoyed how real life Madoff employees gave their insights on what it was like to work with Madoff. Again, really enjoyed this documentary. I still hate how he defrauded all of these people and in turn, he called his "clients" Greedy!! What a scum-bag.
Did you know
- TriviaThe French aristocrat Thierry Magon de La Villehuchet committed suicide after losing an estimated $1.4 billion of his and other aristocrat's family fortunes in Madoff's scheme. This was the second time the very wealthy "famille Magon" lost a large part of its fortune. In July 1794, banker Jean-Baptiste Magon de La Balue and 18 other members of the family were guillotined in Paris and a large part of their castles and fortunes confiscated. This happened one year after the decapitation of King Louis 16 and his wife Marie-Antoinette, and ironically, only 9 days before the decapitation of the revolutionary leader Maximilien de Robespierre.
- ConnectionsFeatured in Jeremy Vine: Episode #6.5 (2023)
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